A Popeyes restaurant may feature a walk-in format, drive-thru, sit-down, or some combination of these types of formats, with the franchisor’s approval. Before you become an owner, you will owe the franchisor a franchise fee of $30,000. An office or location outside of your home should be added to the startup price. The range doesn’t include real estate. Popeyes Chicken & Biscuits Franchise Information: Love That Chicken ® The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeyes Chicken & Biscuits is the 2nd largest quick-serve chicken concept with over 1800 restaurants worldwide and millions of satisfied customers served yearly. Show this to the company early on so you are sure to purchase one. With our potent combination of great tasting flame-grilled chicken and passionate service, Honchos quickly became a Pietermaritzburg favourite. The store’s orange theme, spicy chicken, and regional Red beans would make customers return. Be the first to know! The success of the franchise industry in South Africa has led many prospective investors to seek out opportunities in â¦ Copyright © 1998-2020 Franchise Direct. Popeyes Franchise Owners List - Telemarketing list to Contact owners of Popeyes Louisiana Kitchen restaurants. Popeyes Chicken Financial Breakdown Prior to being approved for your Popeyes franchise, you will have to prove that you have a minimum of $500K in liquid assets and a minimum net worth of $1M.Previous experience in a franchise is a huge advantage. You are also responsible for paying the following fees as a franchise owner: Other fees have variable costs including: You and your employees should undergo training via the Popeyes Management Certification Program. This consists of online and in-restaurant activities designed to train you in: The training could last from 6 to 10 weeks. Know that you’ll receive strong support once you become a Popeyes franchise owner. The first KFC restaurant opened in 1971 in Orange Grove, Johannesburg and there are an additional 160 KFC restaurants in 15 countries outside South Africa. 36 Fast Food Franchises Available For Sale in South Africa Today on BFS, ... Prime and profitable fast food franchise in mall of africa. Since it began franchising in South Africa, KFC has attracted a lot of interest. Make sure that you’re qualified based on the company’s standards. However, the numbers include the site work and building expenses. From July 13, 2017, guests can experience the mouth-watering menu at the first Popeyes restaurant in South Africa, located in the Sandton City food court. Thanks for sharing your details, we’ll be in touch shortly, Please enter your details to request a FDD download link. Franchise Description: Popeyes Louisiana Kitchen, Inc. is the franchisor. The average setup cost for … 1.5% per month or the maximum rate permitted by law, whichever is less. Save my name, email, and website in this browser for the next time I comment. The OBC Chicken and Meat brand identity is underscored by the strong brand imagery of red, orange and yellow with the now familiar chicken logo. The above information has been compiled from the FDD of Popeyes Louisiana Kitchen. 24K likes. The Army and Air Force Exchange Service operates that Popeyes franchise in a building behind the commissary on the base. Find information on Popeyes Chicken & Biscuits franchise business opportunities and learn how much it costs to start an Popeyes Chicken & Biscuits franchise business. South Africa is known as the powerhouse of Africa, it is the driving force with the most advanced, broad-based economy in the continent. Funding: According to the Franchise Association of South Africa (Fasa), most franchisors will insist that you fund between 30 –50% of the complete investment from your own resources. However, you need not worry. New, relocatable coffee franchise model – a first for South Africa. Territory Granted: When franchisees sign a Franchise Agreement for a franchised restaurant that is not an Alternative Venue, franchisees will be granted a geographic area within which the franchisor will not open, nor license anyone other than the franchisee to open, a Popeyes restaurant during the term of the Franchise Agreement. Price: R 795 000. Chicken Licken was founded in South Africa by George Sombonos, the son of a Greek immigrant restaurant owner. The state's first franchise opened on Malmstrom Air Force Base in July 2012. $5,000 - $7,500 depending upon the year of the Franchise Agreement being transferred. You may visit the company’s franchising page to read about the whole application process. Popeyes Louisiana Kitchen has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll For instance: The figures at Franchise Direct also do not include the real estate and construction costs. Discover the latest industry news, videos and franchise information. An error has occurred please try again later. $5,000 or a greater amount, if necessary, to reimburse the franchisor for its out-of-pocket costs and expenses in connection with reviewing the proposed securities offering. Sombonos learned the restaurant trade in the 1970s at the Dairy Den, his father’s restaurant in Ridgeway, a suburb in the southern Inner City region of Johannesburg. Interested in owning a Popeyes Chicken & Biscuits franchise? As a Rawson franchise owner, you’ll be part of the most innovative real estate brand in South Africa * * Global Brand Awards 2017, 2018 & 2019. SA Franchise Warehouse is a service provider to the franchise industry and offers a number of franchisor and franchisee focused solutions. 5 Mistakes to avoid when buying a franchise. A fun Indian street eats experience ready to be franchised! South African franchisee, Siyaghopa Trading Group, will be opening its first Popeyes Louisiana Kitchen quick service restaurant (QSR) in Sandton City, Johannesburg on 13 July 2017. As for the cost, the initial training fee could reach up to $22,200. Popeyes Louisiana Kitchen, the worldâs second largest chicken chain by number of units with over 2,000 restaurants in 25 countries, looks to expand further in Canada. The sector now consists of 845 franchisors and more than 40 000 franchisees. An amount up to $4,000 - $6,000 per study. A Popeyes Restaurant may feature a walk-in format, drive-thru, sit-down, or some combination of these types of formats. Our online franchise directory offers information on leading franchise brands in South Africa. Franchise financing organisations: Nandoâs: Fees. Kauai has been leading the healthy food movement in South Africa since the brand opened its first store in Cape Town in 1996, where the brand started. Both fees would allow you to legally operate your store. Training Overview: Certain of the franchisee’s management employees must complete (to the franchisor’s satisfaction) the Popeyes Training Program (PTP) for their applicable management role at the franchised restaurant. This has generated tons of applications. He adds that the costs are depended on the brand. Added to our “good looks” we offer an extremely popular, free delivery service to our customers. This includes a complete revamp for the new look 3 in 1 combo store!! whichfranchise.co.za is the leading website for franchise information, advice and opportunities in South Africa, and hence one of the top Stay informed! This additional fund would cover the regular expenses during the first three months of operation. Visit the SA Department of Health's website for COVID-19 updates: www.sacoronavirus.co.za In 2017, the sector consisted of â¦ Chicken Licken was founded in South Africa by George Sombonos, the son of a Greek immigrant restaurant owner. The losses and expenses the franchisor incurs. Franchise fees are payable in most franchise agreements. Although there are several elements for expansion in the country which need special attention, as the image below shows, The World Bank and International Finance Corporation (IFC) ranked South Africa in the 82nd place in the world for ease of doing business. Image of fried, franchise, meal - 140234144 A reduced franchise fee is available for limited other circumstances as well. Add in a friendly staff and the respect for the Louisana heritage and you’re sure to have patrons in no time. There are currently 1943 Popeyes Louisiana Kitchen units in operation. Periodically, the franchisor also may make available to franchisees or their employees additional training programs that the franchisor, in its discretion, choose to conduct. Popeyes would probably be one of my go-to places in the Sandton Food Court. Last year, the fast food sector made up 13.3% of South Africaâs GDP, a big increased from the 9.7% in 2014. South Africa boasts a diverse economy, driven by the services industry. How Much Does California Fishing License Cost, How Much Does It Cost To Open A Grocery Store, How Much Does It Cost To Start a Daycare Center, How Much Would It Cost To Buy A Hot Air Balloon, A free standing restaurant costs more than $948,000 to over $1,687,000 at startup, An in-line restaurant is worth over $604,000 to around $914,000, The initial investment for a conversion restaurant is a little less than $698,000 to over $1.1 million, Other opening costs (signage, technology, supplies, insurance), Signage and technology: $239,172 to $384,586, Signage and technology: $242,000 to $320,019, Signage and technology: $255,195 to $329,835, Development schedule extension fee: $5,000 for each extension, Interest on overdue payments: 1.5% per month/maximum rate allowed by law (whichever is less), Interest on understated sales: 1.5% per month/maximum rate allowed by law (whichever is less), Renewal fee: 50% of the initial franchise fee, Securities offering review fee: $5,000 and up, Supplemental term option: 50% of the initial franchise fee, Trade secret products: $3,000 (initial) and $3,000 monthly during operations, State-of-the-art modeling tools (for the site selection process), Site selection, development, design, and construction support, Show proven expertise in owning or operating restaurants, Have a minimum net worth of $1 million per restaurant, Have a minimum of $500,000 in liquid assets per restaurant, Have a commitment to grow with the company. In 2016, 2017 and 2018, it saw 101, 136 and 148 new units respectively. To explore additional chicken franchise options, browse our chicken franchise opportunities page. Fortunately, the company allows partnering with other interested parties to buy and operate the business. Cost of testing new products and inspecting new suppliers. Other expenses included in the initial investment are: To be able to operate under the company’s name, you should first settle the Popeyes franchise startup fee. Franchisees does not guarantee a franchisee’s note, lease or obligation. The franchise requirements might be too expensive for you alone. Popeyes Chicken & Biscuits Franchise Information: Love That Chicken ® The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeyes Chicken & Biscuits is the 2nd largest quick-serve chicken concept with over 1800 restaurants worldwide and millions of satisfied customers served yearly. Now located in 14 countries, with over 350 franchisees, the multi award-winning business has its global headquarters in Manchester, UK. This is evident since the sector has had a 13.35% contribution to the country's GDP. Stores pay a royalty fee of 5% of sales revenue, and although there is no marketing fee, Kids Emporium encourages franchisees to set aside 2% of turnover for this cause. Franchisees must operate the franchised restaurant in strict conformity with the methods, standards and specifications as prescribed in the manual or otherwise in writing. About the Franchise Business Our story begins in 2005 when we took over an existing store on Langalibalele Street in the heart of Pietermaritzburg in KwaZulu-Natal’s bustling capital. Rather than invest in a cookie-cutter concept, our iconic vibe never goes out of style! Popeyes Louisiana Kitchen shows off its New Orleans heritage with authentic spicy & mild fried chicken, chicken strips, burgers, wraps and signature sides. Franchisees must use the franchised restaurant solely for the operation of a Popeyes restaurant and must keep the franchised restaurant open and in normal operation for the hours and days as specified in the manual or otherwise in writing. A reduced franchise fee is available for limited other circumstances as well. The franchisor is an indirect subsidiary of Restaurant Brands International Limited Partnership. For franchise information about the whole application process to R2,7-million driven by the franchise Association of South Africa 8 company. 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